Question

Data for Bethke Company are presented in BE6-3. Compute the cost of the ending inventory under the average-cost method, assuming there are 360 units on hand.
In BE6-3, In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence:
(1) 300 units at $6,
(2) 400 units at $7,
(3) 200 units at $8.



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  • CreatedJanuary 30, 2014
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